Allegion (ALLE) Cash Flow: Operating & Free Cash Flow

Allegion (ALLE) Cash Flow Statement

In fiscal 2025 (fiscal year ended Dec 31, 2025), Allegion generated $783.80M of operating cash flow and spent $98.10M on capital expenditures. That left free cash flow of $685.70M, up 17.6% from $582.90M a year earlier, or 16.9% of revenue. It returned $255.30M to shareholders through $175.30M in dividends and $80.00M in share buybacks.

Allegion Cash Flow Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Cash flow statement showing operating, investing, and financing activities for Allegion plc (ALLE) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Operating Activities
Net Income	643.80	597.50	540.60	458.30	483.30	314.50	402.10	435.40	276.70
Depreciation & Amortization	133.20	119.00	111.60	97.90	83.10	81.00	83.00	86.20	66.90
Deferred Income Tax	-10.20	-44.20	-67.70	-71.30	-43.80	-24.40	-30.20	-64.40	24.90
Stock Based Compensation	29.80	28.20	26.40	24.50	23.40	20.80	20.40	19.60	16.20
Change in Working Capital	-19.20	-24.10	-17.80	-96.70	-40.20	-36.20	3.10	-63.80	53.60
Change in Accounts Receivable	23.70	-6.70	0.00	-53.40	31.70	-1.90	-6.00	-8.60	-22.70
Change in Inventory	-38.90	16.70	44.60	-61.70	-105.60	-7.80	5.40	-19.70	-4.40
Change in Accounts Payable	-34.40	3.60	-33.60	2.50	40.00	-1.60	-11.00	33.90	0.40
Change in Other Working Capital	7.30	-37.70	-28.80	15.90	8.40	-24.90	14.70	-69.40	80.30
Other Operating Activities	7.30	-45.60	7.50	46.80	8.40	134.60	9.80	44.80	-91.10
Net Cash from Operating Activities	783.80	675.00	600.60	459.50	488.60	490.30	488.20	457.80	347.20
Investing Activities
Capital Expenditures	-98.10	-92.10	-84.20	-64.00	-45.40	-47.10	-65.60	-49.10	-49.30
Acquisitions	-592.20	-137.20	-31.70	-923.10	-6.50	-12.50	-7.60	-376.10	-16.50
Purchases of Investments	0.00	0.00	0.00	0.00	-7.60	-3.00	0.00	-14.30	0.00
Sales/Maturities of Investments	0.00	0.00	0.00	0.00	7.60	47.10	0.00	49.10	15.60
Other Investing Activities	4.80	0.90	-13.20	-7.00	20.30	-41.20	-4.40	-53.40	0.00
Net Cash from Investing Activities	-685.50	-228.40	-129.10	-994.10	-31.60	-56.70	-77.60	-443.80	-50.20
Financing Activities
Debt Repayment	-587.40	-413.30	-81.60	656.40	-238.90	-0.20	-17.90	-36.10	10.10
Common Stock Issued	23.60	14.70	0.00	0.00	0.00	0.00	0.00	3.20	7.20
Common Stock Repurchased	-80.00	-220.00	-59.90	-61.00	-412.80	-208.80	-226.00	-67.30	-60.00
Dividends Paid	-175.30	-167.00	-158.70	-143.90	-129.00	-117.30	-100.60	-79.40	-60.90
Other Financing Activities	-9.50	-8.90	1.50	-14.50	1.40	4.40	2.30	-0.60	-40.10
Net Cash from Financing Activities	-266.70	-394.50	-298.70	437.00	-529.30	-321.90	-342.20	-183.40	-150.90
Summary
Effect of Forex Changes on Cash	20.80	-16.40	7.30	-12.30	-10.20	10.00	-0.30	-6.20	7.70
Net Change in Cash	-147.60	35.70	180.10	-109.90	-72.30	121.70	68.10	-175.60	153.80
Cash at Beginning of Period	503.80	468.10	288.00	397.90	480.40	358.70	290.60	466.20	312.40
Cash at End of Period	356.20	503.80	468.10	288.00	397.90	480.40	358.70	290.60	466.20
Free Cash Flow	685.70	582.90	516.40	395.50	443.20	443.20	422.60	408.70	297.90
Supplemental Disclosures
Interest Paid	98.10	100.30	92.00	56.90	45.10	-	-	-	-
Income Taxes Paid	121.20	158.30	157.90	81.70	89.10	-	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Allegion Cash Flow

What is Allegion's free cash flow?

Allegion generated free cash flow of $685.70M in fiscal 2025 (fiscal year ended Dec 31, 2025), operating cash flow of $783.80M minus $98.10M of capital expenditures. That was up 17.6% from $582.90M a year earlier. Free cash flow equaled 16.9% of revenue.

How much does Allegion spend on capital expenditures?

Allegion spent $98.10M on capital expenditures in fiscal 2025, compared with $92.10M a year earlier. That equals 12.5% of operating cash flow.

Does Allegion pay dividends or buy back shares?

Yes. In fiscal 2025 Allegion returned $175.30M in dividends and $80.00M in share buybacks to shareholders, according to its cash flow statement.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition